3 ms·
The ideology of people not needing a central government's permission to privately interact? What I would concede is that it does challenge the dominant ideolog
by CryptoPunk 4y ago
The ideology of people not needing a central government's permission to privately interact?
What I would concede is that it does challenge the dominant ideology of the establishment.
As this former Federal Reserve economist describes, the Federal Reserve system is extremely centralized:
https://twitter.com/gordonliao/status/1484605701435523072?s=20&t=NpU-wAnoZ5736jOsrE_v6A https://twitter.com/gordonliao/status/1484605701435523072?s=...
This is just one aspect of centralized economic control cryptocurrency threatens to upend.
Centralization will inevitably engender rent-seeking, so the dominant ideological framework being one that glorifies that centralized gatekeeping, and villifies a free market, is entirely predictable.